REINSURERS ENTER NICHE INSURANCE MARKETS THROUGH FINTEC START-UPS

Munich Reinsurance backs more than a half dozen fintech providers, including London-based Cellphone Insurer So-Share and US home Insurer Lemonade.

Big players are getting more involved across the board. Investing in start-ups provide US Reinsurers with an opportunity to diversify without encroaching on the business of their big insurance company clients. It could also mitigate the effects of record-low interest rates and below average catastrophe claims, which are reducing demands for service.

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